Oral Answers to Questions

Antony Higginbotham Excerpts
Thursday 9th February 2023

(1 year, 8 months ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Kevin Hollinrake Portrait Kevin Hollinrake
- View Speech - Hansard - - - Excerpts

I know my hon. Friend is visiting one of his distilleries next week. I agree with him that opening new markets to our whisky exporters is one of the great opportunities open to us in a post-Brexit Britain. As he knows, whisky is one of the UK’s largest food and drink exports, with £4.6 billion in 2021. We have an ambitious programme of free trade agreement negotiations to break down barriers. We are now in our sixth round of negotiations with India this very week.

Antony Higginbotham Portrait Antony Higginbotham (Burnley) (Con)
- Hansard - -

6. What steps her Department is taking to help secure more inward investment into the UK.

Daniel Zeichner Portrait Daniel Zeichner (Cambridge) (Lab)
- Hansard - - - Excerpts

13. What steps she is to taking help increase foreign direct investment into the UK.

--- Later in debate ---
Lindsay Hoyle Portrait Mr Speaker
- Hansard - - - Excerpts

Minister, why are the answers so long? We have not heard the rest of the questions yet. I have a big list.

Antony Higginbotham Portrait Antony Higginbotham
- View Speech - Hansard - -

Burnley and Padiham are already home to some brilliant international businesses, such as Safran Nacelles, Paradigm Precision and Futaba Manufacturing among many, many more. Together, they support thousands of local jobs. To make our area even better, we want to attract more investment, helping businesses already here to grow and attracting new ones in. Will the Minister agree to meet me to talk through how we can make Burnley the best place to invest in Britain?

Nusrat Ghani Portrait Ms Ghani
- View Speech - Hansard - - - Excerpts

I think my hon. Friend, in promoting Burnley so much, has already made it the best place to be doing business. Burnley has a global reputation for manufacturing excellence. The companies that he references demonstrate the attractiveness of his constituency to investors across the globe, and the free trade agreements make it easier for investors to bring capital and create jobs in Burnley. And, of course, we would be delighted to meet him.

--- Later in debate ---
Nigel Huddleston Portrait Nigel Huddleston
- View Speech - Hansard - - - Excerpts

I thank the hon. Lady for the constructive engagement that we have had about the TRA. I know that some of its decisions have been impactful on her and her constituency. We will be looking for some reform of the TRA, and I would be happy to discuss that further with her.

Antony Higginbotham Portrait Antony Higginbotham (Burnley) (Con)
- View Speech - Hansard - -

T7. It is brilliant to see that state-level memorandums of understanding are being signed in the US, but with only three so far, it is clear that we can go further to cement that important trading relationship. What progress are we making with other states, and when can we expect further MOUs to be signed?

Kevin Hollinrake Portrait Kevin Hollinrake
- View Speech - Hansard - - - Excerpts

Absolutely. We have agreed MOUs with Indiana, North Carolina and, most recently, South Carolina, as my hon. Friend sets out. We are actively engaging with other states, including Oklahoma, Utah, Texas and California, and I look forward to updating the House on further progress.